Friday, December 12, 2025

‘Mamdani Effect’ Is Seeing More People Moving to New York, Not Leaving It

 https://www.newsweek.com/mamdani-effect-more-people-moving-new-york-city-not-leaving-11193747

A month after Zohran Mamdani’s stunning victory in New York City’s mayoral election, the mass exodus of wealthy residents that landlords and real estate agents—especially down in Florida—had predicted has so far failed to materialize.

Instead, sales of luxury homes in the Big Apple—priced above $4 million—were up by 31 percent in November compared with October to 151 properties, according to the latest data by real estate brokerage firm Olshan Realty. 

1 comment:

  1. Of course people are moving there. Terrorists, criminals, rapists, all the folks who want to live in a lawless city where they can prey on people with impunity.

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